PPP Loan information for Ballco manufacturing company inc.

$802,562

Ballco manufacturing company inc. was initially approved for PPP Loan of amount $802,562, the current approved amount is $802,562. The loan was approved on 02/03/2021 by The Old Second National Bank reported 55 jobs and $802,562 was used to fund payroll.

Ballco manufacturing company inc. is Existing or more than 2 years old

BALLCO MANUFACTURING COMPANY INC.

Date Approved

02/03/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

BALLCO MANUFACTURING COMPANY INC.

Borrower Address

2375 Liberty St

Borrower City

Aurora

Borrower State

IL

Borrower Zip

60502-9440

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

802562.00

Current Approval Amount

802562.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Aurora

Project County Name

DUPAGE

Project State

IL

Project Zip

60502-9440

CD

IL-11

Jobs Reported

55

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

802558.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

805683.07

Forgiveness Date

06/28/2021

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